Notes to SEFA
Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Community and Family Resources and The Richmond Center had no grants passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: Community and Family Resources and The Richmond Center has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.